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Layoffs are about projected profits not past profits.


So the plane has been flying over valleys at record altitude and we see a couple of mountains ahead that we will easily clear. Despite being absolutely no where near crashing, let's throw a couple of crew overboard so that we can continue to climb to new heights and keep the hype engines of our overvaluation going?


There was one time that Kodak made record profits and now they exist in name only.

"Past performance is not indicative of future results"


These pat responses still elide whether future results are contingent upon drastic action. You simply cannot justify all actions by claiming past success is irrelevant.


You can't say it's all that matters either.


Maybe you missed the memo, but corporations are supposed to grow exponentially, for all eternity -- never mind the Laws of Thermodynamics (or any other sanity check, for that matter).




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